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ANZ's arm in New Zealand is operated through a subsidiary company, ANZ National Bank, from 2003 to 2012, when it changed by ANZ Bank New Zealand upon merging the ANZ and National Bank brands. In March 2005, it formed a strategic alliance with Vietnam's Sacombank involving an acquisition of 10% of Sacombank's share capital .
There are currently 49 banks in Vietnam, including the following banks: State Bank, joint stock commercial banks, joint venture banks, foreign bank branches in Vietnam and 100% foreign-owned banks. This list is incomplete ; you can help by adding missing items .
SEA rank World rank Company Industry Sales (billion $) Profits (billion $) Assets (billion $) Market value (billion $) Country 1: 181: OCBC Bank: Banking: 25.39
ACLEDA Bank; Advanced Bank of Asia [7]; Agribank Cambodia; ANZ Royal Bank; Bangkok Bank PLC; Bank for Investment and Development of Cambodia PLC [8]; Bank of China
Banking in Vietnam started in 1976 with the State Bank Vietnam, which became the central bank of the country. Vietnam's banks suffer from low public confidence, regulatory and managerial weakness, high levels of non-performing loans (NPL), non-compliance with the Basel capital standards, and the absence of international auditing.
Bank for Investment and Development of Vietnam (BIDV), Ho Chi Minh City, Vietnam Bank Forum , Kyiv, Ukraine Bank für Sozialwirtschaft , Cologne and Berlin, Germany
The extent to which they dominate the banking sector can be seen in profits: In the 2012/2013 financial year, the largest of the Big Banks, ANZ New Zealand, made a profit of NZ$1.37 billion. The smallest, BNZ, made a profit of NZ$695 million. [40]
District 1 is considered the financial center of Saigon and Vietnam. It is home to the Ho Chi Minh City Stock Exchange, State Bank of Vietnam (Ho Chi Minh City branch), and Vietnamese headquarters of international banks such as HSBC, ANZ (sold retail business in Vietnam to Shinhan), Standard Chartered, Citi, JPMorgan Chase, Bank of China, and ...